Japan: Osaka Gas Eyes U.S. LNG
Japan’s Osaka Gas is in negotiations to buy liquefied natural gas from Dominion Resources, Sempra Energy and Freeport LNG in the United States, Bloomberg reported, citing Tetsushi Ikuta, general manager of Osaka Gas energy resources and international business development.
Osaka Gas said recently that it plans to purchase 7.19 million mt of LNG during fiscal 2012.
The company also plans to invest 290 billion yen (3.49 billion U.S. dollars) in LNG storage facilities and laying pipelines in five years from fiscal 2012-2016.
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Posted on March 28, 2012, in AMERICAS, Asia, East Asia, Japan, Louisiana, North America, Texas, United States and tagged AMERICAS, Asia, Dominion Resources, Eyes, gas energy resources, Japan, Liquefied natural gas, LNG, Louisiana, Maryland, News, Osaka Gas, Sabine Pass LNG, Sempra Energy, Texas, transportation, U.S, United States. Bookmark the permalink. Comments Off on Japan: Osaka Gas Eyes U.S. LNG.